FOCUSED ON ACQUIRING, EXPLORING AND ADVANCING QUALITY MINING PROJECTS IN THE AMERICAS SUMMER 2019| CORPORATE PRESENTATION 1
FALCON’S PROJECTS IN THE AMERICAS Falcon Gold Corp. is a Canadian mineral exploration company with a portfolio of projects in North & South America. 1. Central Canada Gold & Polymetalic Project – Covers more than 10 km of highly prospective Quetico Fault Wabunk Bay Zone Property – Historical Gold Production Central Canada 2. Wabunk Bay Copper and Nickel, PGM – The property is located within the Birch-Uchi-Confederation Co & Au Project BURTON GOLD Lakes greenstone belt which hosts the world-renowned PROPERTY Red Lake gold deposits as well as Great Bear Resources’ (GBR:V) Dixie project Burton Au Property 3. Burton Gold Property – Located in the Swayze Greenstone Belt, Ontario ESPERANZA CONCESSIONS Esperanza 4. Esperanza Copper, Gold and Silver Concessions Concessions – Located in La Rioja province in northwestern Argentina 2
FALCON’S CENTRAL CANADA & WABUNK BAY PROJECTS RELATIVE TO MAJOR MINES FALCON GOLD CORP. IN NW ONTARIO Location Map 1. Rainy River Gold Mine NORTHWEST ONTARIO, CANADA • 6.2 million oz Au and 13.3 million oz Ag 2. Werner Lake Cobalt Deposit • 181,000 tonnes of 0.4% Co WABUNK BAY PROPERTY 3. Red Lake Gold Mines • 2.17 million oz Au (Reserves) • 29 million oz Au historical production 4. Musselwhite Gold Mine • 1.85 million oz Au (Reserves) • +4 million oz Au produced 5. Pickle Lake District • 2.5 million oz Au Produced, and, • Thierry mine historically produced 113.6 million lb. Cu, 27.7 million lb Ni, 17,500 oz Pt and 47,000 oz Pd. 6. Lac des Isles Palladium Mine • 2.7 million oz Pd. (Reserves) 7. Shebandowan Ni-Cu-Co Mine • 1971 to 1998, produced 8.7 million tonnes of ore at 2.07% Ni, 1.00% Cu and approx.3.0 g/t PGE 8. Hammond Reef Gold Deposit (Agnico Eagle) • Measured and Indicated Resource of 208 million tonnes containing 4.5 million oz. 3
CENTRAL CANADA GOLD & POLYMETALIC PROJECT COMPRISED OF 2 CLAIM BLOCKS 1. Central Canada Gold Mine Property ▪ Seven claims with 25 units ▪ Covers historic producer with shaft and mill site 2. English Claims Option ▪ Six claims with 55 claim units ▪ Includes the historic Staines Co Occurrence ▪ Contiguous with Central Canada property FALCON GOLD CORP. Location Map X CENTRAL CANADA GOLD & POLYMETALIC PROJECT NORTHWEST ONTARIO, CANADA 4
Central Canada Property • The Property has two geological regimes. o Northern claims are underlain by Archean age greenstone rocks that include mafic volcanic flows, gabbroic intrusions and quartz feldspar porphyries in which the gold mineralization is hosted. o The south part of the Property is covered by Sapawe Lake and is underlain by iron formation and greenstone rock units that host Falcon’s targeted gold and cobalt occurrences. • Approximately 21.5 km east of Atikokan, and about 160 km west of Thunder Bay. • Access is from Hwy 11 to Hwy 623 to the mine access road on the north side of Sapawe Lake. 5
CENTRAL CANADA GOLD MINE – HISTORY • 1901 to 1907 – Shaft to a depth of 12 m and 27 oz of gold from 18 tons using a stamp mill. • 1930 to 1935 – Central Canada Mines Ltd. deepened the shaft to 40 m with about 42 m of crosscuts and installed a 75 ton per day gold mill. • 1965 – Anjamin Mines Limited completed diamond drilling and in hole S2 returned a 2 ft section of 37.0 g/t Au and hole S3 assayed 44.0 g/t Au across 7 ft. • 1985 – Interquest Resources Corp. drilled 13 diamond holes totaling 1,840 m in which a 3.8 ft intersection showed 30.0 g/t Au. • 2019 – Falcon Gold plans to begin with detailed geological mapping & airborne geophysics and follow-up diamond drilling on gold and cobalt zones. 6
ENGLISH CLAIMS OPTION • 55 claim units cover an area of approximately 880 ha. Historical Staines Copper & Cobalt Occurrence with reported drill intersection of 0.64% Cu, 0.15% Co, 1.1% Zn and 0.35 g/t Au over a true width of 40 m. • Strategically close to important infrastructure including highway and rail access, and electrical power and natural gas pipeline. • Numerous gold and cobalt occurrences that have seen historical surface & shallow drilling. • Contiguous with Central Canada property 7
WABUNK BAY COPPER, GOLD & NICKEL PROPERTY • Claims adjoin the Uchi gold mine • Historic 7m chip sample returning 1.08% Cu and 0.40% Ni. • Historic drill results assayed 0.62% Cu with Co values up to 0.33% Co. • Surface trench samples ran 0.33% Co over 1.5m and 0.15% Co over 7.6m with a • Occurs within the same greenstone belt as the Red Lake mining camp • Gabbroic host rocks have been traced for a strike of approx. 900m • Main copper, cobalt showings composed of massive and disseminated sulphides in zones about 200m long and 7m wide. 8
BURTON GOLD PROPERTY • The Burton Property includes 6 patented mining claims and 16 unpatented mining claims covering approximately 356 hectares, in Esther Township in Northern Ontario. • The Property is located within the Swayze Greenstone Belt renown for hosting lode gold mines. • As of June 30, 2014, Iamgold had earned a 51% interest in the Burton Property. 9
ESPERANZA (“ERSA”) GOLD & COPPER PROJECT • Located in southern La Rioja province north-central Argentina. • Accessed by paved highway from the city of San Juan to the town of Chepes, then by gravel road for a distance of approx. 35 km. • Within the Sierra de Las Minas belt (shaded blue on map) known for its historical mines and occurrences. 10
ERSA CONCESSIONS • Composed of 7 mineral concessions covering approximately 20,000 ha. & include several past producing and artisanal gold mines. • Principal occurrences such as Callanas and Callanas Este hosted in structures running several kilometers on a south-east strike 11
ERSA CONCESSIONS 2018 EXPLORATION • Falcon’s 2018 sampling produced high grade gold, copper, assays • Zones are typically lensoid quartz veins that occur in structures, strung over significant strike distances like strings of pearls • The veins are typically mineralized with gold and copper and lead sulphides • Of the 24 samples taken, the table below contains the significant results for 14 samples Au Ag Cu Pb Sample Mineralized ERSA VIII - IX - X g/t g/t ppm ppm Zone Width (cm) Sample Number 40032 15.63 8.20 >10000 3,462 ERSA VIII 30 40033 28.43 92.00 596.10 370 ERSA VIII FLOAT 40036 6.92 55.40 3,250.40 1,477 ERSA VIII FLOAT 40040 27.03 >100 >10000 >10000 Callana III 50 40041 4.36 31.90 7,849.00 >10000 Callana VI 40 40042 18.45 >100 9,122.40 >10000 Callana VI 40 40044 22.16 11.90 597.50 9,194 Callana VII 40 40047 1.04 >100 >10000 >10000 Callanas 10 40048 (VG) 28.23 >100 >10000 >10000 Callana V 80 40049 1.44 8.80 491.80 9,741 Callana V 30 40050 (VG) 45.71 >100 7,869.60 >10000 Callana IV 50 40051 (VG) 0.66 78.90 8,397.50 609 San Isidro Norte 40 40052 (VG) 23.13 4.00 8,200.40 292 San Isidro Sur 60 40053 (VG) 24.75 19.90 6,182.90 363 San Isidro Sur 100 12
Disclaimer Except for the statements of historical fact contained herein, certain information presented constitutes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Such forward- looking statements, including but not limited to, those with respect to potential expansion of mineralization, future plans for resource estimation and exploration and potential mining method involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Falcon Gold Corp (“FG”) to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks related to remote operations, the actual results of current exploration activities, conclusions of economic evaluations, uncertainty in the estimation of ore reserves and mineral resources, changes in project parameters as plans are refined, future prices of metals, economic and political stability in Canada and the United States, environmental risks and hazards, increased infrastructure and/or operating costs, labour and employment matters, and government regulation as well as those factors discussed in the section entitled "Risk Factors" in FG's Management’s Discussion and Analyses of its annual financial statements, filed on www.sedar.com. Although FG has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. FG disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking statements. Robert Chataway, P.Geo, is a Qualified Person under National Instrument 43-101 ("NI 43-101"), and has reviewed the geological information contained in this presentation. 13
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